RIVER's recent performance is indeed worth paying attention to. From the fundamentals, the current price of 10.931 has rebounded more than 56.02% from the 24-hour low of 7.006. Interestingly, most of the top 100 holder addresses have increased their holdings in the past three days, especially the leading addresses which have added 28,548,200 tokens. This indicates that institutions or large investors are continuously entering the market, and the concentration of holdings is rising in line with bullish consensus.
On the technical side, the strength is even more evident. The 7-day increase is 193.37%, and the 30-day increase is 148.54%, which is already quite impressive. The 15-minute K-line has stabilized above the 10.9 level and is approaching the 24-hour high of 11.590. The MA5 moving average has sharply turned upward, suggesting a strong overall trend.
From a shakeout perspective, this round of correction has basically come to an end. If you are confident about the market direction, you might consider participating with a stop-loss set below 10.7124. You can also focus on the 11.4775 level. Of course, if you are still observing or have doubts, there is no need to rush into the market; waiting for clearer signals is also fine.
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WhaleStalker
· 8h ago
The big players are throwing money, I believe in the strength of this wave.
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ZKProofEnthusiast
· 8h ago
The big players are quietly increasing their positions, this signal is quite interesting...
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tokenomics_truther
· 8h ago
Big players are rushing to buy in, this pace is a bit intense.
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MevTears
· 8h ago
The big players increased their holdings by 28 million. There's a bit of a vibe in this move; I should also take action.
RIVER's recent performance is indeed worth paying attention to. From the fundamentals, the current price of 10.931 has rebounded more than 56.02% from the 24-hour low of 7.006. Interestingly, most of the top 100 holder addresses have increased their holdings in the past three days, especially the leading addresses which have added 28,548,200 tokens. This indicates that institutions or large investors are continuously entering the market, and the concentration of holdings is rising in line with bullish consensus.
On the technical side, the strength is even more evident. The 7-day increase is 193.37%, and the 30-day increase is 148.54%, which is already quite impressive. The 15-minute K-line has stabilized above the 10.9 level and is approaching the 24-hour high of 11.590. The MA5 moving average has sharply turned upward, suggesting a strong overall trend.
From a shakeout perspective, this round of correction has basically come to an end. If you are confident about the market direction, you might consider participating with a stop-loss set below 10.7124. You can also focus on the 11.4775 level. Of course, if you are still observing or have doubts, there is no need to rush into the market; waiting for clearer signals is also fine.